The Real Deal Miami

South Florida home inventory rose, sales fell

Sales activity declined from a week ago
August 27, 2013 09:40AM

South Florida home inventory (click to enlarge)

South Florida home inventory (click to enlarge)

Residential inventory in South Florida rose slightly to 32,784 from 32,600 active listings for the week ending August 19, 2013. During the same period, pending sales declined to 23,160 from 23,233.

Active listings are properties where no current sale contract exists; pending sales are properties in which a contract for sale has been executed, but not yet closed.

Listing brokers control the status of a property listing. The figures were compiled by Condo Vultures Realty using the South Florida Shared Multiple Listing Service. — TRD